Posted on 09/17/2022 3:33:57 PM PDT by ChicagoConservative27
On Friday’s broadcast of C-SPAN’s “Washington Journal,” Rep. Jim Himes (D-CT) said the Inflation Reduction Act is going to work to reduce inflation “in the longer run.” And “probably the center of that bill” is reducing prescription drug costs, which won’t be fully put in place for a few years.
Himes responded to a question on how the act will reduce inflation by stating, “Well, first of all, let’s be very clear, it’s going to work in the longer run. So, the answer to your question is, probably the center of that bill was about reducing senior citizens’ prescription drug costs. … And it will reduce the out-of-pocket costs for seniors. And by the way, the capping of their out-of-pocket cash expenses at $2,000 a year, still a lot of money, but remember, a lot of seniors pay a lot more than that. That is going to be a powerful thing for our senior citizens. Here’s the honest part: It’s not kicking in tomorrow. It’s not kicking in next week. It’s going to take a couple of years to put that in place. But that will have the effect of really alleviating a lot of pressure for seniors.”
(Excerpt) Read more at breitbart.com ...
The seniors will be dead by then asshole Himes.
Well why didn’t branDUHn just say that. All good now. 😡👎
Does he think holding a carrot out in front of us will get him re-elected?
Well, he’s in Congress, soooooo . . . .
You and I aren’t stupid, but . . .
Himes failed Econ 101 and 102.
In your general meaning, you are right. But sadly, if in a US university, he probably aced them. Especially macro and global economics are lefticized full tilt.
UNLESS the FEDS close the current Pharma companies & make drugs themselves, drug prices cannot be regulated to any great extent by the Feds.
The Development costs of ANY drug are massive.
While ads are jamming the TV with complaints about the cost of drugs-—HOW MANY of the people crying have pension $$$$ in those stocks???
MORE than most will EVER know.
UNLESS the FEDS close the current Pharma companies & make drugs themselves, drug prices cannot be regulated to any great extent by the Feds.
The Development costs of ANY drug are massive.
While ads are jamming the TV with complaints about the cost of drugs-—HOW MANY of the people crying have pension $$$$ in those stocks???
MORE than most will EVER know.
Inflation is something that affects everyone.
Balderdash!!!!
60 Billion for “climate equity”! $80 Billion for the IRS! FJB and this idiot too!
Fine. Stop writing new bills for a few years until this pans out.
No it won’t.
Blatant gaslighting. Trump did get prescription drug costs reduced. Biden Administration got them raised again.
Along with, just my opinion, mandating vaccines so the Big Pharma execs could recoup their losses from Trump getting prices lowered.
I think that was called Hopium during the Obama era.
Of coarse it will be better in a couple of years, Trump will be back in office.
Cash for clunkers and shovel ready jobs!
Everything will reduce the deficit in the long run.
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